Job Description
JOB PURPOSE:
VP - Operational and Fraud Risk Management, India “VP - OFRM India” ensures that operational and fraud risks across all Business Lines and Functions in FAB India are properly identified, assessed, controlled and reported in accordance with the First Abu Dhabi Group’s “Group” frameworks, policies and procedures. The position ensures that all RBI and other regulatory guidelines are properly adhered to and complied with. Governance aspects related to Operational and Fraud risk are maintained with respect to Group policies and local guidelines as per branch setup. The role actively contributes as a valued member of Country-specific, regional Asia and Group risk management initiatives. VP - OFRM India is a permanent invitee to the India Branch Risk and Compliance Committee with standing invitation to relevant Country committees as appropriate. They will provide coverage for risk management activities deriving from the establishment and maturation of further branch network expansion within India.
The operating and regulatory environments in India are diverse and complex. Although VP - OFRM India is a Second Line of Defense (SLOD) role, he is required to have proper working relations with other SLOD and FLOD departments to ensure operational and fraud risk management activities are undertaken and completed as per agreed timelines.
VP - Operational and Fraud Risk Management, India “VP - OFRM India” ensures that operational and fraud risks across all Business Lines and Functions in FAB India are properly identified, assessed, controlled and reported in accordance with the First Abu Dhabi Group’s “Group” frameworks, policies and procedures. The position ensures that all RBI and other regulatory guidelines are properly adhered to and complied with. Governance aspects related to Operational and Fraud risk are maintained with respect to Group policies and local guidelines as per branch setup. The role actively contributes as a valued member of Country-specific, regional Asia and Group risk management initiatives. VP - OFRM India is a permanent invitee to the India Branch Risk and Compliance Committee with standing invitation to relevant Country committees as appropriate. They will provide coverage for risk management activities deriving from the establishment and maturation of further branch network expansion within India.
The operating and regulatory environments in India are diverse and complex. Although VP - OFRM India is a Second Line of Defense (SLOD) role, he is required to have proper working relations with other SLOD and FLOD departments to ensure operational and fraud risk management activities are undertaken and completed as per agreed timelines.
💡 Quick Summary
Seeking a career-building opportunity? The VP | Operational and Fraud Risk Management | India First Abu Dhabi Bank |FAB position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
